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Assistant VP, Leveraged Finance, NYC

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - Assistant Vice President, Corp Finance  in  New York, NY (US)
Former Employee - Assistant Vice President, Corp Finance in New York, NY (US)

I worked at CIT full-time for more than 5 years

Pros

Decent people; collegial atmosphere. Reasonable if not very competitive salary.

Cons

Poor morale, continues stream of layoffs. Horrible systems and work flows - not staffed or built to be a regulated bank. Little career advancement. Substandard pay vs. competition. Severe lack of leadership at many levels.

Doesn't Recommend
Neutral Outlook
Approves of CEO

125 Other Employee Reviews for CIT (View Most Recent)

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  1. 1 person found this helpful  

    A wonderful onsite experience. A lot learned in a while.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Business Analyst  in  Livingston, NJ (US)
    Current Employee - Business Analyst in Livingston, NJ (US)

    I have been working at CIT as a contractor for less than a year

    Pros

    Its a going concern. Very good and knowledgeable senior management, always engaged in new business plans for the growth. Good work culture. Everyone comes up to table with innovative ideas participating in healthy brainstorming sessions.

    Cons

    IT infrastructure is not bad but can be better with a little improvement.
    More integration needed between the departments.

    Advice to ManagementAdvice

    start looking for employees on full time basis. As by the time contractors get equipped by the work , their contracts expires.
    Look for more in-house application / software to reduce the licensing fee.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Talented people, needs to initiate culture change

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at CIT

    Pros

    Talented professional staff, friendly colleagues.

    Cons

    Management needs to do more to break down the business unit silos in the holding company

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
There are newer employer reviews for CIT

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